SureFire_Trader

SureFire_Trader Updated 

Buy setup triggered.

SureFire_Trader

Gold is likely to make a move up pretty soon - not necessarily of USD weakness but for global demand in gold asset to rise. So gold against all currencies will likely strengthen in near future. Plan for alternative move #2 where the price can drop below 1259 and if you can add more trade, then keep the trade until 1310-1360.

SureFire_Trader Updated 

Simple long setup. I see the bullish sequence to continue and reach 116.6 = 117.0 rapidly. The recent spike up to 114.6 seemed like a reversal but there was a lack in selling to follow through. So it is likely to see more buying coming in.

SureFire_Trader Updated 

A break above the trendline with a strong close could signal the continuation of the bullish trend.

SureFire_Trader Updated 

This sudden drop appears to be a knee-jerk reaction. So far there is no indication that the chart pattern has broken down for the down move. I am holding to my bullish view and wait for a long re-entry when the price drop slightly below the 1.664 into the buy zone area. My exit will be at 1.7400.

SureFire_Trader

As explained in the chart. We could get a sudden impulsive move from here to take it to 1.400 level. About me: Author, engineer. strategy developer, investor, and fund manager. Creator of Forex 10/20/30 Rule for strategy evaluation

SureFire_Trader Updated 

Also see my NZDCHF forecast in another post. NZD pairs have fallen sharply and this is the level on NU pair I believe will be a nice entry point for a long trade. On this pair (NZDUSD), there is still room to go down further but the downside is much limited. I am expecting to see a small bounce up in next few days and then fall slightly to break the low and take...

SureFire_Trader Updated 

This is definitely a long-term trade to keep for several weeks. Potential for 650+ pip move to reach 0.9300 level. Further drop to below 0.8640 will be great buy point (test the April 2016 low) when that opportunity presents. At this moment I will keep watch how the price play in next 2 weeks. If you are already long, watch up for the downside move but when the...

SureFire_Trader Updated 

We saw a huge slide on all NZD pairs started from late September and it is at the level I am comfortable to enter long. Expecting the price to reach 0.7200 on the reversal which can last for a couple of months.

SureFire_Trader Updated 

This is not an indication to short at the resistance level. This chart is bullish. We earlier had seen price bounced quickly from the lows, twice. Most probably will test the 0.999 level soon.

SureFire_Trader Updated 

I was hoping for a deeper pullback but this is still a nice entry for a long trade or enter if there is a minor pullback from today's price later this week. The upmove is eminent - it is just about making decision on when to act. Also bullish on AUDCAD and USDCAD. My trades are over 90% profitable and I love to show my trade records. Check out my profile. Thanks.

SureFire_Trader Updated 

Breaking the 1.2777 top of August could be a significant event today. This is likely where THE reversal can happen. Many traders has been shorting this pair with failure for a long time. Maybe this could be the likely level to short.

SureFire_Trader Updated 

I posted couple of weeks back on the bullish view on this pair and we also got the anticipated shallow pullback since. Entering the trade now is still not late. Good if you stay in the trade for a month or two with tiny lots and wait for the price to play out to the TP. About Me: Author of 3 trading books Creator of 10/20/30 Rule for trade strategy...

SureFire_Trader Updated 

I have posted the bullish move on this pair back in mid-Aug (see earlier post). We are getting nice pullback to either add a new position or add to previous long trade. We could see the move up to 1.737 soon. About me: Author of 3 trading books Creator of 10/20/30 Rule for trade strategy validation

SureFire_Trader Updated 

I am not seeing weakness in the chart but only strength. The price could be sliding hard but try not to short when the downside is so limited. I have a long view and have entered 1/2 position at this level and then add the remaining at a lower price if the opportunity presents. Check out my new book "Making Big on CAD/CHF Forecast in 2018-2020" available on...

SureFire_Trader

A reversal in the making after a long and arduous price drop. This is a pretty good entry point for long, any pullback likely to be shallow.

SureFire_Trader

A welcoming pullback for re-entry or add more long positions. USDCHF has been on a downhill from 1.033 and at current level, it gives us a low risk trade in an anticipation for a strong reversal. I trade with my 10/20/30 Rule™ website

SureFire_Trader

A retest to 1.7343 low is likely, and if that level is broken, my long entry will be around 1.7210 level and take profit at 1.8535 (1300+ pips) on a 6-months outlook. Key takeaways for this week and next: - More price slide expected through to middle of this month - Longer term reversal is nearing at 78-82% fib levels Read more